3 ms·
Well yes... the current US admin gets blame for not seemingly understanding the market right now(or bungled elsewhere giving the Chinese a lucky break) but i'm
by saturn8601 1mo ago
Well yes... the current US admin gets blame for not seemingly understanding the market right now(or bungled elsewhere giving the Chinese a lucky break) but i'm sure the massive oversupply in Chinese EVs didn't hurt either. China has 100+ car comapnies that are all in the jungle right now trying desperately to survive. Most won't make it and when the victors emerge, other car companies may not be ready for these warriors that survived. One of the ways to get rid of excess inventory: dump it elsewhere.